Power of Attorney Flashcards
1
Q
What are the 3 types of Power of Attorney?
A
- General POA
- Lasting POA
- Enduring POA
2
Q
Which type of Power of Attorneys replaced another?
A
A Lasting POA replaced an Enduring POA in 2007
3
Q
What does a Lasting POA allow somebody to look after?
A
- Property & affairs
- Health & welfare
4
Q
Can a POA make gifts or create trusts?
A
No
5
Q
What is a Power of Attorney?
A
A legal arrangement executed by the donor giving their chosen attorney to act on the donor’s behalf.
